Itau Unibanco Holding S.A.

Itaú Unibanco Holding SA provides financial products and services to individual and corporate clients in Brazil and abroad. It operates through the following segments: Retail Banking, Wholesale Banking, and Activities with the Market and Corporation. The Retail Banking segment includes credit cards, asset management, insurance, pension plan and capitalization products, and a variety of credit products and services for individuals and small companies. The Wholesale Bank segment offers corporate and investment banking activities, including its middle-market banking business. The Activities with the Market and Corporation segment deals with the result arising from capital surplus, subordinated debt surplus and the net balance of tax credits and debts. The company was founded in 1924 and is headquartered in São Paulo, Brazil.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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Itau Unibanco is generating solid growth and attractive ROEs with its Brazil-focused lending and deposits business. It trades well above 1x P/B, and when looking at its solid growth rate but high cost of equity, also reflected in high local rates, there isn't obvious value. The growing book but shrinking credit costs is a good sign, but with big businesses in consumer credit as well, we aren't excited about the price and have better alternatives.

Itau Unibanco: Around Fairly Priced In P/B

Itaú Unibanco Holding S.A. (NYSE:ITUB ) Q3 2024 Earnings Conference Call November 5, 2024 8:00 AM ET Company Participants Renato Lulia - Group Head of Corporate Strategy, IR and Corporate Development Milton Maluhy - CEO Conference Call Participants Daniel Vaz - Safra Bank Renato Meloni - Autonomous Yuri Fernandes - JPMorgan Thiago Batista - UBS Tito Labarta - Goldman Sachs Brian Flores - Citibank Mario Pierry - Bank of America Bernardo Guttmann - XP Carlos Gomez - HSBC Natalia Corfield - JPMorgan Nicolas Riva - Bank of America Renato Lulia Hello.

Itaú Unibanco Holding S.A. (ITUB) Q3 2024 Earnings Call Transcript

A rise in operating revenues and managerial financial margin supports ITUB's third-quarter 2024 results. However, a rise in expenses is a headwind.

Itau Unibanco Q3 Earnings & Revenues Increase Y/Y, Expenses Rise

SÃO PAULO, Nov. 4, 2024 /PRNewswire/ -- Itaú Unibanco Holding S.A. announces to its shareholders and to the market that the Complete Financial Statements and the Management Discussion and Analysis for the 3rd quarter of 2024 ending September 30, 2024, are already available on the Investor Relations website (www.itau.com.br/investor-relations).

Itaú Unibanco Holding S.A. Results for the 3rd quarter of 2024

SÃO PAULO, Nov. 4, 2024 /PRNewswire/ -- Itaú Unibanco Holding S.A. ("Itaú Unibanco" or "Company"), in compliance with the provisions in Article 157, paragraph 4 of Law No. 6,404/76 and in Resolution No. 44/21 of the Brazilian Securities and Exchange Commission (CVM), informs its stockholders and the market in general that it released as of this date its revised projections for the year 2024 in accordance with item 3 ("Projections") of the Reference Form.

ITAÚ UNIBANCO - Projections

Brazil's Itau Unibanco , Latin America's largest private lender, on Monday posted a 18% increase in its third-quarter net recurring profit from a year earlier.

Brazil's Itau Unibanco posts 18% increase in Q3 recurring profit

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Banco Itau (ITUB) have what it takes?

Banco Itau (ITUB) Could Be a Great Choice

Itaú Unibanco is a solid financial institution in Brazil with high net profit and a large customer base. In Q2, Itaú reported R$10bn in net income, outperforming peers like Banco do Brasil and Nu Holdings. Itaú's strong Q2 earnings solidified its track record, with robust quality indicators and a focus on security and predictability in the banking sector.

Itaú Is A Safe Bet For Reliable Dividends In Brazil

Itaú Unibanco Holding S.A. (NYSE:ITUB ) Q2 2024 Earnings Conference Call August 7, 2024 9:00 AM ET Company Participants Renato Lulia - Group Head of Corporate Strategy, Investor Relations and Corporate Development Milton Maluhy - CEO Conference Call Participants Renato Meloni - Autonomous Tito Labarta - Goldman Sachs Eduardo Rosman - BTG Pactual Brian Flores - Citibank Thiago Batista - UBS Mario Pierri - BofA Arnon Shirazi - Santander Nicolas Riva - Bank of America Carlos Gomez - HSBC Renato Lulia Hello, good morning, everyone, and thank you for joining this videoconference to talk about our earnings for the second quarter of 2024.

Itaú Unibanco Holding S.A. (ITUB) Q2 2024 Earnings Call Transcript

An increase in operating revenues and managerial financial margin benefits Itau Unibanco's (ITUB) second-quarter earnings. However, a rise in expenses is a headwind.

Itau Unibanco (ITUB) Q2 Earnings & Revenues Increase Y/Y

Brazil's Itau Unibanco , Latin America's largest private lender by total assets, on Tuesday posted a 15.2% increase in its second-quarter net recurring profit compared to a year earlier.

Brazilian lender Itau Unibanco's second-quarter profit jumps 15%

Itau Unibanco (ITUB) is well-positioned to gain from its efforts to grow inorganically in Brazil and abroad. However, its elevated cost base is set to hinder the bottom-line growth in the upcoming period.

Itau Unibanco (ITUB) Rides on Strategic Buyouts Amid High Costs

Itau Unibanco (ITUB) unveils its plan to merge with its subsidiary, Hipercard. This is set to help the company achieve greater synergy, streamline costs and improve efficiency.

Itau Unibanco (ITUB) Announces Merger Proposal With Hipercard

Itaú Unibanco Holding S.A. (NYSE:ITUB ) Q1 2024 Earnings Conference Call May 7, 2024 9:00 AM ET Company Participants Renato Lulia - Head of IR & Market Intelligence Milton Filho - CEO & Member of Executive Board Alexsandro Lopes - CFO & Member of Executive Board Conference Call Participants Jorge Kuri - Morgan Stanley Gustavo Schroden - Bradesco Mario Pierry - Bank of America Bernardo Guttmann - XP Inc Thiago Batista - UBS Brian Flores - Citibank Renato Meloni - Autonomous Nicolas Riva - Bank of America Yuri Fernandez - JPMorgan.

Itaú Unibanco Holding S.A. (ITUB) Q1 2024 Earnings Call Transcript

Itau Unibanco's (ITUB) first-quarter earnings reflect higher revenues and strength in balance sheet position. However, an increase in expenses is a near-term concern.

Itau Unibanco (ITUB) Q1 Earnings & Revenues Rise Y/Y, Costs Up

SÃO PAULO, May 6, 2024 /PRNewswire/ -- Itaú Unibanco Holding S.A. announces to its shareholders and the market at large that the Complete Financial Statements and the Management Discussion and Analysis for the 1st quarter of 2024 ending March 31, 2024, are already available on the Investor Relations website (www.itau.com.br/investor-relations).

Itaú Unibanco Holding S.A. Results for the 1st quarter of 2024

SÃO PAULO, April 29, 2024 /PRNewswire/ -- Itaú Unibanco Holding S.A. (B3: ITUB3, ITUB4; NYSE: ITUB) (the "Company") filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 (the "2023 Form 20-F") with the U.S. Securities and Exchange Commission ("SEC").

Itaú Unibanco Holding's 2023 Annual Report on Form 20-F filed with the SEC and the CVM

Itaú is the largest bank in Latin America, and is modernizing to face the competition generated by fintechs, such as Nu Holdings. It is worth remembering that banking operations in Brazil are complex, and even with competition from fintechs, Itaú has more than 100 years and a extensive know-how to operate credit. The company trades at a low P/E multiple of 7.5x, with expectations of excellent results and good dividends in 2024.

Itaú Unibanco: Modernizing To Face The Competition

KB Financial Group

Investors looking for stocks in the Banks - Foreign sector might want to consider either KB Financial (KB) or Banco Itau (ITUB). But which of these two stocks presents investors with the better value opportunity right now?

KB or ITUB: Which Is the Better Value Stock Right Now?

Itau Unibanco (ITUB) benefits from steady growth in asset management and credit operations. However, rising expenses, weak credit quality and intense competition are major headwinds.

Itau Unibanco (ITUB) Thrives on Buyouts Amid High Expenses

HDFC Bank Limited

Investors interested in Banks - Foreign stocks are likely familiar with Banco Itau (ITUB) and HDFC Bank (HDB). But which of these two companies is the best option for those looking for undervalued stocks?

ITUB vs. HDB: Which Stock Should Value Investors Buy Now?

Investors interested in stocks from the Banks - Foreign sector have probably already heard of Banco Itau (ITUB) and HDFC Bank (HDB). But which of these two stocks is more attractive to value investors?

ITUB or HDB: Which Is the Better Value Stock Right Now?

Itaú Unibanco Holding S.A. (ITUB) Q4 2023 Earnings Conference Call Transcript

Increased operating revenues and managerial financial margin are partially offset by escalating costs for Itau Unibanco (ITUB) in fourth-quarter 2023.

Itau Unibanco (ITUB) Q4 Earnings & Revenues Increase Y/Y

SÃO PAULO, Feb. 5, 2024 /PRNewswire/ -- ITAÚ UNIBANCO HOLDING S.A. informs its stockholders that the Board of Directors, meeting on February 5, 2024, has resolved to: (i) terminate early, as of this date, the buyback program of own stock approved at the Board meeting held on August 25, 2022, which would terminate on February 24, 2024

News for Itau Unibanco Holding S.A. Stock (ITUB)